Trump’s Win a Worry for an Already Struggling Wind Industry
Trump’s election has raised concerns for the struggling wind industry. The industry has been facing a number of challenges, including falling prices for fossil fuels, uncertainty over tax incentives, and a lack of new transmission lines. Trump’s policies on these issues could further hinder the industry’s growth.
For example, Trump has promised to roll back environmental regulations, which could make it more difficult for wind farms to obtain permits. He has also proposed tax cuts that would benefit the fossil fuel industry, which could further worsen the price competition that wind farms face. Additionally, Trump has expressed skepticism about the need for new transmission lines, which could make it difficult for wind farms to get their electricity to market.